Should investors hold or book profit after Groww’s listing?
Mumbai: Analysts expect Billionbrains Garage Ventures, the parent of broking firm Groww, to make a tepid stock market debut on Wednesday. But they recommend investors to stay put, citing growth prospects.
“Groww is likely to list at a premium of around 4-5% over the IPO price,” said Raj Gaikar, research analyst at Samco Securities. The company sold shares at ₹100 apiece in the issue.
